Showing posts with label US patent system. Show all posts
Showing posts with label US patent system. Show all posts

Tuesday, October 11, 2016

The government and the courts are finally getting fed up with patent trolls — and stupid patents; Los Angeles Times, 10/11/16

Michael Hiltzik, Los Angeles Times; The government and the courts are finally getting fed up with patent trolls — and stupid patents:
"Almost nobody disputes that America’s patent system is a mess, or that it’s been that way for an unconscionably long time.
Overworked and misguided patent examiners issue patents for manifestly undeserving claims. An entire industry of patent trolls has sprung up to assemble patent rights and exploit them, not to make products or develop services, but to harass other businesses into paying them off to avoid costlier litigation.
Efforts to reform patenting tend to run into resistance from big businesses, such as the pharmaceutical industry, that long ago figured out how to game the process and are disinclined to give up their advantage. As a result, a system that was written into the U.S. Constitution to encourage invention and innovation has been turned into a “dead weight … on the nation’s economy.”"